Detailed text transcripts for TV channel - FOXNEWS - 20111020:16:33:00
Us some details. rich. >> reporter: good afternoon jon. they have a task to find trillion 1/2 dollars and do so within the next five weeks. congressman jeb hensarling says he has high hopes but tempered expectation they could accomplish that goal. he said he could find trillion 1/2 dollars of cuts in his sleep but he understands he has to work on a bipartisan basis. he is willing to do what he doesn't want to do but still republicans are against any type of tax increases but he says everything now still on both sides being put on the table. we also asked him about the president's jobs proposal...